3 ms·
Go to Illinois and you’ll soon find out. The tax on cannabis products over there is something like 30%? The edibles I buy in WA for $17 were $25 plus a $9 tax o
by starttoaster 3y ago
Go to Illinois and you’ll soon find out. The tax on cannabis products over there is something like 30%? The edibles I buy in WA for $17 were $25 plus a $9 tax over there.
- filoleg 3y agoFair point, that definitely would hold for some states. Especially those where it got legalized fairly recently, and the whole process hasn't been smoothed out yet. Illinois looks like one of those states. For example, pricing in CO/WA/OR is so low, it makes zero sense to me to run a black market business. Even for near top-shelf stuff from big respected brands, I can easily buy a 10-pack of 10mg THC edibles (a 100mg bag total) for $12 at many dispensaries within just a 5 min drive (and that's not on sale). I've also seen some absolutely insane deals on flower and all other sorts of products, and the regular pricing is near dirt-cheap too. Not even mentioning the quality of the product and safety controls. Transporting from those states to expensive (for now) states like IL definitely makes monetary sense, as it is basically just a market arbitrage. Anecdotally, to support your point, I heard from a friend in IL last year that lines to even enter a dispensary were very bad. While in Seattle, I've only ever seen a line once in many years (on one of the massive holiday sale days), and it was barely 5 minutes of waiting.